Cost to Own
United StatesNew MexicoDoña Ana CountySunland Park Population 17,085 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Sunland Park, New Mexico

A $195,000 home here costs

$1,564

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,002. The real number is $562 higher every month — 56% more than the payment most buyers budget for.

Sunland Park median: $194,900
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $156,000 borrowed $1,002
Property tax0.731% effective rate for Sunland Park itself $119
Homeowners insuranceNew Mexico averages $1,229/yr (NAIC), or 0.526% of home value $85
Electricity14.12¢/kWh — New Mexico residential average, EIA $127
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $163
Total monthly $1,564

Sunland Park against Doña Ana County and New Mexico

MeasureSunland ParkDoña Ana County
Median home value$194,900$205,400
Median property tax$1,425$1,404
Effective tax rate0.731%0.684%
Median gross rent$770$903
Population17,085221,665

The weather behind that power bill

Sunland Park sits in Doña Ana County, which averages a high of 96.2°F in its hottest month and a low of 29.6°F in its coldest, with 9.14" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 2,059 cooling and 2,675 heating degree days, which is what sets the $127 electricity line above.

See the full climate breakdown for Doña Ana County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Doña Ana County

Full Doña Ana County cost breakdown · Every county in New Mexico

Common questions

How much does it cost to own a home in Sunland Park?

A $195,000 home in Sunland Park, New Mexico costs approximately $1,564 per month with 20% down at 6.66%. That is $1,002 principal and interest, $119 property tax, $85 homeowners insurance, $195 utilities and $163 set aside for maintenance.

What is the property tax rate in Sunland Park?

Sunland Park has an effective property tax rate of 0.731%, based on a median home value of $194,900 and median real estate taxes of $1,425. That is higher than the Doña Ana County average of 0.684%.

What is the average home price in Sunland Park?

The median owner-occupied home value in Sunland Park, New Mexico is $194,900, against $205,400 across Doña Ana County.

Is it cheaper to rent or buy in Sunland Park?

Median gross rent in Sunland Park is $770 a month, against $1,564 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Sunland Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for New Mexico.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology